Archive · 11 Aug 2026
Maharashtra Cabinet Waives Stamp Duty on Renewable Land Transfers
The government of Maharashtra, a state in India, held an important meeting.
The leader of the state, Chief Minister Devendra Fadnavis, was in charge of this meeting.
They decided to make it easier and cheaper for companies to build renewable energy projects like solar power.
Normally, people have to pay a tax called stamp duty when land is transferred.
The Cabinet said companies do not have to pay this tax when they move land within their own company group for clean energy projects.
They also gave a 25 per cent discount on transfer fees for land bought for renewable energy.
This will help the state add 16,000 MW of renewable energy, including solar power for farmers.
The farmers will get reliable daytime electricity for irrigation.
The Cabinet also approved money for a sugar factory and new rules for colleges.
These decisions are meant to boost clean energy and help farmers.
The Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis, waived stamp duty on internal land transfers within company groups and SPVs formed for renewable energy projects.
A 25 per cent exemption on transfer fees was granted for land acquired specifically for renewable energy projects.
The move supports the state's target of adding 16,000 MW of renewable energy capacity under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0.
The Cabinet approved amendments to Section 72 of the 2013 land acquisition act, revising interest rates for delayed compensation payments.
The Cabinet cleared a Rs 18.009 crore loan proposal for the Shri Nilkantheshwar Farmers Co-operative Sugar Factory to be forwarded to the NCDC.
- Who
- The Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis
- What
- Approved stamp duty waivers on intra-group land transfers for renewable energy projects along with decisions on agriculture, education, and judicial infrastructure
- When
- Tuesday
- Where
- Mumbai, Maharashtra
- Why
- To accelerate renewable energy development and support the state's 16,000 MW renewable energy target under MSKVY 2.0
- Chief Minister
- Devendra Fadnavis
- Stamp duty on intra-group land transfers for renewables
- Waived
- Transfer fee exemption for renewable land
- 25 per cent
- Renewable capacity target under MSKVY 2.0
- 16,000 MW
- MAGESTIC project cost
- Rs 12,303 crore
- Renewable share target in grid by 2030
- 50 per cent (up from 17 per cent)
- Sugar factory loan proposal
- Rs 18.009 crore via NCDC
- Meeting location
- Mumbai, Maharashtra